The oil giant announced Wednesday that it had sold a 10% share in its Shafag Solar?project? in 'Azerbaijan? to MVM Energetika Zrt of Hungary.

BP has pledged to “do better” after cancelling a $750m (£549m) shareholder payout as it scrambles to cut debts.

BP's decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder ...

The hefty fall in the share price at the London Stock Exchange Group has made it a sitting duck for activist investors such ...

On Tuesday, BP suspended its share buybacks. It also took charges of about $4 billion on its renewables assets and biogas assets.

Oil and gas companies have cut spending on low carbon technology in recent years amid a change in focus back to core upstream businesses ...

The London Stock Exchange is being targeted by a fearsome Wall Street activist investor as it battles declining listings and ...

British oil giant BP announced Tuesday a sharp 86% drop in annual net profit and a surprise decision to suspend the entire share buyback program to save cash and trim debts. The financial setback ...

Profit Decline And Oil Price ImpactBP reported a fall in annual profit and said it would increase its cost-cutting target ...

Providing an update on its Brazilian Bumerangue discovery, which it has hailed as its biggest in 25 ​years, BP said it estimates the field to hold 8 billion barrels of liquids in place, split equally ...

BP has put share buybacks on hold and upped its cost savings target to halt a slide in profits because of steep falls in the price of crude. The FTSE 100 oil giant reported a 16 per cent drop in ...